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Takung Art Co Stock

Takung Art Co Liabilities 2024

Takung Art Co Liabilities

15.34 M USD

Ticker

TKAT

ISIN

US87407Q2075

WKN

A2JF0E

In 2024, Takung Art Co's total liabilities amounted to 15.34 M USD, a 72.85% difference from the 8.88 M USD total liabilities in the previous year.

Takung Art Co Aktienanalyse

What does Takung Art Co do?

Takung Art Co Ltd was founded in Hong Kong in 2005 and is a leading company in the field of online art auctions. The company offers its customers the opportunity to acquire artworks from renowned artists from around the world. The business model of Takung Art is based on the principle of online art auctions. Customers can bid on and purchase artworks through the company's platform. The auctions are designed to be transparent and fair to ensure optimal customer satisfaction. Takung Art is divided into different categories. The first category includes artworks by Chinese artists, mainly traditional Chinese art by artists such as Qi Baishi and Fu Baoshi. The second category specializes in international art and offers works by artists such as Monet, Van Gogh, and Picasso. The company also offers a wide range of products to its customers, including paintings, sculptures, and other artworks. Different price categories are available to accommodate every budget. In addition to artworks, the company also provides consulting and appraisal services to help customers choose the right artwork. Takung Art has become a leading company in the field of online art auctions in recent years. It has provided its customers with a wide range of artworks and services, catering to a variety of customers, from private collectors to art lovers and investors. Overall, Takung Art has revolutionized the art world by bringing traditional art auctions into the online realm. The company has democratized the market for artworks and given every art lover the opportunity to acquire a genuine artwork. Takung Art Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Takung Art Co's Liabilities

Takung Art Co's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Takung Art Co's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Takung Art Co's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Takung Art Co's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Takung Art Co’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Takung Art Co stock

What is the level of liabilities of Takung Art Co this year?

Takung Art Co has a debt balance of 15.34 M USD this year.

What were the liabilities of Takung Art Co compared to the previous year?

The liabilities of Takung Art Co have increased by 72.85% increased compared to the previous year.

What are the consequences of high debt for investors of Takung Art Co?

High liabilities can pose a risk for investors of Takung Art Co, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Takung Art Co?

Low liabilities mean that Takung Art Co has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Takung Art Co affect the company?

An increase in liabilities of Takung Art Co can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Takung Art Co affect the company?

A decrease in the liabilities of Takung Art Co can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Takung Art Co?

Some factors that can influence the liabilities of Takung Art Co include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Takung Art Co so important for investors?

The liabilities of Takung Art Co are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Takung Art Co take to modify the liabilities?

To change its liabilities, Takung Art Co can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Takung Art Co pay?

Over the past 12 months, Takung Art Co paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Takung Art Co is expected to pay a dividend of 0 USD.

What is the dividend yield of Takung Art Co?

The current dividend yield of Takung Art Co is .

When does Takung Art Co pay dividends?

Takung Art Co pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Takung Art Co?

Takung Art Co paid dividends every year for the past 0 years.

What is the dividend of Takung Art Co?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Takung Art Co located?

Takung Art Co is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Takung Art Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Takung Art Co from 11/16/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/16/2024.

When did Takung Art Co pay the last dividend?

The last dividend was paid out on 11/16/2024.

What was the dividend of Takung Art Co in the year 2023?

In the year 2023, Takung Art Co distributed 0 USD as dividends.

In which currency does Takung Art Co pay out the dividend?

The dividends of Takung Art Co are distributed in USD.

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Andere Kennzahlen von Takung Art Co

Our stock analysis for Takung Art Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Takung Art Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.